42.0
Below average
Property score
42.0
Below average
Overall 42.0
Older than most nearby homes
824 sqft (bottom 31%)
Built in 1912 (18 yrs older than avg)
Located in a above-average income area
with median household income of ~80k
Transit 80.0
3-min walk to transit with 3 nearby routes
Within 500m: 1 dining spot, 2 healthcare facilitys, 1 shop, and 6 parks nearby
Sold for $250,000 over asking
Winnipeg Real Estate Sales Summary & Market Analysis May 11–17, 2026
Living Area
Below average
20% smaller than neighborhood avg.
Year Built
Below average
18 yrs older than neighborhood avg.
Mother tongue
English · 62%Tagalog · 26%
Past 10 years Inkster-Faraday sales snapshot (~80% of all data)
538
247.5k
$193/sqft
1930
Buying a home is more than a transaction. Our Winnipeg real estate agents provide market insights, pricing analysis, and neighbourhood expertise to help you decide with confidence.
Usually replies in a few minutes
Free · No credit card required
42.0 is composed by the two sections below.
Property Score
Community Score
Inkster-Faraday
How to read: Share of sales in each ~$50k price band for “inkster-faraday” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.
Sales-to-New-Listings
1,196
sold
1,852
new listings
Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba
Sold Above Asking
Majority sold above asking
68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026
With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.
Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110926
$80K
Median household income
$85K
Average household income
8%
Low income (LIM-AT)
0.2
Income inequality (Gini)
2.6
P90 / P10 ratio
29%
Single-person households
31%
Families with children
Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.
Rank by land area, larger = better rank
Rank by year, newer = better rank
Rank by living area, larger = better rank
Rank by assessed value, higher = better rank
Bar: fill length ≈ share of peers you outperform. Fill color reflects tier (red / blue / amber / gray). “Avg” is a rough median benchmark for comparable homes in that scope.
To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.
Nearby stops, routes & transit score
Dining, education, healthcare, shopping & more
652 Atlantic Avenue — 13 amenities found within 500 m, across 5 categories, including 1 dining (nearest 378 m), 2 healthcare (nearest 400 m), 1 shopping (nearest 352 m).
Inkster-Faraday · WPS public data · 2026
Annual incidents
61
2026
vs. city avg
+107%
relative to avg
Year-over-year
▼ -92%
vs. prior year
Primary type
Property
80%
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 15% | Top 9% | Bottom 30% |
Same street
Same area
City-wide
| Metric | Same street | Same area | City-wide |
|---|---|---|---|
Sold price | Top 41% | Top 32% | Bottom 16% |
Request exact sold prices and history by email
Address · Year Built · Living Area
Address · Distance
Address · Tax-Assessed Value
Property Overview: 652 Atlantic Avenue, Winnipeg
Key Characteristics & Appeal
This is a compact, one-storey home built in 1912, situated on a modest lot in the Inkster-Faraday neighbourhood. Its primary appeal lies in being an affordable, no-frills entry point into the Winnipeg housing market. With 824 square feet of living space and a renovated basement, it offers functional basics for a simple lifestyle.
The home’s assessed value of $23.5k is notably above average for its immediate area, suggesting it may be in better condition or have more updates than many neighbouring properties. Recent sale prices indicate steady, modest appreciation. A detached garage adds practical storage or workshop space.
This property would best suit a first-time buyer, an investor looking for a straightforward rental, or someone seeking a minimalist footprint with very low property taxes. Its smaller size and lot mean less maintenance and lower utility costs, which is a significant but less obvious advantage. However, buyers should be realistic about space constraints and the inherent upkeep of a 114-year-old structure, even with some updates.
Frequently Asked Questions
1. Is this a good investment property?
Given its low assessed value and recent sale history, it presents a low barrier to entry for a rental investment. However, its age and size will attract a specific tenant market, and investors should budget for maintenance typical of a century-old home.
2. How does the assessed value compare to likely selling price?
In Winnipeg, assessed value for tax purposes is often significantly lower than market value. This home’s assessed value of $23.5k is not an indicator of its sale price, as shown by its recent sales in the $25.5k-$28.5k range.
3. What does "renovated basement" imply?
While specifics aren’t listed, this typically means the basement has been finished into livable space, adding functional square footage. It’s important to verify the quality of the renovation, permits, and whether it includes a proper bedroom or secondary living area.
4. The lot seems small. Is that a problem?
At 2,554 sqft, the lot is below average for the city. This limits expansive outdoor space but simplifies yard maintenance. It’s a trade-off that contributes to the home's affordability and lower upkeep.
5. Why is the living area so much smaller than area averages?
At 824 sqft, the home is notably compact. This reflects its age and original design. It’s a characteristic that keeps the price accessible but requires prospective buyers to carefully consider their space needs and storage solutions.
Radar charts, rankings, and side-by-side layouts work best on a larger screen. Open this page on a desktop browser for the full experience.
